Microchip Technology Inc (MCHP)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 15,374,600 | 15,873,200 | 16,370,300 | 16,199,500 | 16,478,800 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $15,374,600K
= 0.00
The debt-to-assets ratio of Microchip Technology Inc has consistently remained at 0.00 for the past five years, from March 31, 2021, to March 31, 2025. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely funded by equity, which may signify a strong financial position and low financial risk. However, it is essential to consider that a very low debt level may also imply missed opportunities for leveraging debt for potential growth or tax benefits. Overall, Microchip Technology Inc's consistent 0.00 debt-to-assets ratio reflects a conservative financial strategy with minimal financial leverage.
Peer comparison
Mar 31, 2025